Chrib's Trades: April 2010

Tuesday, April 27, 2010

Trade Ideas for 04/28/10

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline
IMMU	3.66	3.57	-2.5%	3.46	N/A
SKF	17.33	18.61	+7.4%	16.92	N/A
SDS	29.09	30.08	+3.4%	28.36	N/A
QID	15.47	15.90	+2.8%	15.11	N/A
TWM	17.63	18.04	+2.3%	16.87	N/A

New Trade Ideas
Ticker	Entry	Exit A	Exit C
RGLD (Royal Gold)	49.33	47.78	N/A
ARAY (Accuray)	6.51	6.38	N/A
JAG (Jaguar Mining)	10.31	9.90	N/A
PARD (Poniard)	1.26	1.19	N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Monday, April 26, 2010

Trade Ideas for 04/27/10

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline
IMMU	3.66	3.74	+2.2%	3.46	N/A
SKF	17.33	17.52	+1.1%	16.70	Alt. sell stop: 16.92
GPRE	15.01	14.97	-0.3%	14.59	Alt. sell stop: 16.92

New Trade Ideas
Ticker	Entry	Exit A	Exit C
KONG (KongZhong)	7.81	7.49	N/A
JRCC (James River Coal)	18.04	17.43	N/A
SDS (Ultrashort S&P 500)	29.09	28.36	N/A
QID (Ultrashort QQQQ)	15.47	15.11	N/A
TWM (Ultrashort Russell 2000)	17.63	16.87	N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Sunday, April 25, 2010

Trade Ideas for 04/26/10

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline
IMMU	3.66	3.73	+1.9%	3.46	N/A
SKF	17.33	16.98	-2.0%	16.70	N/A

New Trade Ideas
Ticker	Entry	Exit A	Exit C
PARD (Poniard)	1.26	1.16	N/A
GPRE (Great Plains Energy)	15.01	14.59	N/A
EBIX (ebix.com)	16.56	16.09	N/A
SWHC (Smith & Wesson)	4.26	4.14	N/A
FXP (Ultrashort Xinhua 25)	40.14	38.80	N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Sunday, April 18, 2010

Trade Ideas for 04/19/10

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline
VECO	45.01	47.94	+6.5%	46.73	N/A
SVM	7.01	7.45	+6.3%	7.34	N/A
IMMU	3.66	3.60	-1.6	3.46	N/A
SKF	17.33	18.11	+4.5%	16.70	alternate sell-stop: 17.33

New Trade Ideas
Ticker	Entry	Exit A	Exit C
GES (Guess?)	47.89	46.73	N/A
GPRE (Great Plains Energy)	15.51	14.49	N/A
ILMN (Illumina)	38.81	38.07	N/A
ZOLT (Zoltek)	9.61	9.19	N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Thursday, April 15, 2010

Trade Ideas for 04/16/10

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline
VECO	45.01	49.25	+9.4%	46.65	N/A
SVM	7.01	7.56	+7.8%	7.24	N/A
IMMU	3.66	3.72	+1.6	3.46	N/A
FCEL	3.06	3.06	0	2.89	N/A
PTIE	6.36	6.35	-0.2%	6.20	N/A

New Trade Ideas
Ticker	Entry	Exit A	Exit C
SKF (Ultrashort Financials)	17.33	16.70	N/A
GPRE (Great Plains Energy)	15.46	14.97	N/A
GRA (W. R. Grace)	29.02	28.69	N/A
VMED (Virgin Media)	18.01	17.49	N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Wednesday, April 14, 2010

Trade Ideas for 04/15/10

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline
VECO	45.01	49.81	+10.7%	46.65	N/A
SVM	7.01	7.60	+8.4%	7.24	N/A
IMMU	3.66	3.66	0	3.46	N/A
GRS	7.31	7.37	+0.8%	7.31	N/A
PTIE	6.36	6.43	+1.1%	6.20	N/A

New Trade Ideas
Ticker	Entry	Exit A	Exit C
CSR (China Security)	7.81	7.56	N/A
REXX (Rex Energy)	14.09	13.40	N/A
FCEL (FuelCell)	3.06	2.89	N/A
PTIE (Pain Therapeutics)	6.36	6.19	N/A
RWM (Short Russell 2000)	39.14	38.46	N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Tuesday, April 13, 2010

Trade Ideas for 04/14/10

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline
VECO	45.01	46.12	+2.5%	45.01	N/A
SVM	7.01	7.46	+6.4%	7.24	N/A
IMMU	3.66	3.51	-4.1%	3.46	N/A
GRS	7.31	7.52	+2.9%	7.31	N/A

New Trade Ideas
Ticker	Entry	Exit A	Exit C
CSR (China Security)	7.81	7.54	N/A
BLDP (Ballard Power)	2.69	2.53	N/A
CAAS (China Automotive)	22.61	21.54	N/A
PTIE (Pain Therapeutics)	6.36	6.19	N/A
RWM (Short Russell 2000)	39.14	38.46	N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Monday, April 12, 2010

Trade Ideas for 04/13/10

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline
VECO	45.01	46.76	+3.9%	45.01	N/A
SVM	7.01	7.49	+6.8%	7.08	N/A
AUY	10.72	10.45	-2.5%	10.36	N/A
IMMU	3.66	3.69	+0.8%	3.46	N/A
GRS	7.31	7.69	+5.2%	7.31	N/A

New Trade Ideas
Ticker	Entry	Exit A	Exit C
CCJ (Cameco)	27.58	27.13	N/A
BLDP (Ballard Power)	2.69	2.57	N/A
SEED (Origin Agritech)	10.84	10.31	N/A
CSUN (China Sunergy)	4.46	4.24	N/A
RWM (Short Russell 2000)	39.14	38.46	N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Sunday, April 11, 2010

Trade Ideas for 04/12/10

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline
VECO	45.01	46.69	+3.7%	44.49	N/A
SVM	7.01	7.41	+5.7%	7.08	N/A
AUY	10.72	10.57	-1.4%	10.36	N/A

New Trade Ideas
Ticker	Entry	Exit A	Exit C
CSR (China Security)	7.83	7.63	N/A
GRS (Gammon Gold)	7.31	7.07	N/A
IMMU (Immunomedics)	3.66	3.49	N/A
CSUN (China Sunergy)	4.46	4.25	N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Thursday, April 8, 2010

Trade Ideas for 04/09/10

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline
VECO	45.01	46.60	+3.5%	44.49	N/A
SVM	7.01	7.33	+4.6%	7.08	N/A

New Trade Ideas
Ticker	Entry	Exit A	Exit C
CSR (China Security)	7.83	7.64	N/A
AUY (Yamana Gold)	10.72	10.47	10.36

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Wednesday, April 7, 2010

Trade Ideas for 04/08/10

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline
VECO	45.01	46.33	+2.9%	42.76	N/A
EGLE	5.51	5.35	-2.9%	5.29	N/A
SVM	7.01	7.38	+5.3%	7.01	N/A

New Trade Ideas
Ticker	Entry	Exit A	Exit C
KONG (KongZhong)	8.34	8.07	N/A
GROW (US Global Investors)	10.48	9.99	N/A
SKF (Ultrashort Financials)	18.63	17.91	N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Monday, April 5, 2010

Trade Idea for 04/06/10

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline
VECO	45.01	46.47	+3.2%	42.76	N/A
SVM	7.01	7.30	+4.1%	7.01	N/A

New Trade Ideas
Ticker	Entry	Exit A	Exit C
EGLE (Eagle Bulk Shipping)	5.51	5.29	N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

Sunday, April 4, 2010

Trade Ideas for 04/05/10

Current Holdings
Ticker	Basis	Closing Price	Perf.	Sell-Stop	Addl Exit Guideline
SRS	6.01	5.96	-0.8%	5.84	N/A
SVM	7.01	7.07	+0.9%	6.74	N/A

New Trade Ideas
Ticker	Entry	Exit A	Exit C
MZZ (Ultrashort Midcaps)	18.14	17.64	N/A
SDS (Ultrashort S&P 500)	31.21	30.35	N/A
EGLE (Eagle Bulk Shipping)	5.51	5.29	N/A
VECO (Veeco)	45.01	42.76	N/A

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

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How to Trade The Ideas

Please read my full post on this topic: How To Trade My System

My ideas are stocks I think might break out in the coming days. In most cases each idea may be traded in one of two ways: Aggressively or Conservatively. Aggressive traders should refer to the table's Exit A column, and Conservative traders the Exit C column.

Entry: The breakout price level is indicated by the "Entry" column. My system buys on the breakout, not in anticipation of a breakout; thus, a stock is only purchased if it's trading at or above the Entry price.

Exit A/C: Depending on whether you plan to trade in an Aggressive or Conservative style, use Exit A or C. This is your initial stop-loss price. If the stock should trade below this price and you own it, SELL THE STOCK. You may also combine the two exits by making Exit C the initial stop-loss and, in addition, sell at market if the stock goes below Exit A on a closing basis.

Order Entry: Use stop-limit buy orders through your broker to buy the stocks, and stop-limit sell orders once you've purchased the stock to protect your capital in case the stock moves against you.